Lenskart cofounder and Chief Executive Officer Peyush Bansal is betting on artificial intelligence (AI) to accelerate growth as India’s largest eyewear retailer prepares for an initial public offering (IPO) in November — building on a decade of technology investments in supply chains and remote eye testing. The company is seeking a valuation of up to $8 billion.
The company, which turned profitable in 2024–25 (FY25) after years of losses, is deploying AI-based eye tests in overseas markets and expanding remote testing across India to reach underserved areas. Bansal said AI will be central to Lenskart’s goal of eventually serving 1
